About The Growcer
The Growcer is a company based in Ottawa (Canada) founded in 2016 by Alida Burke and Corey Ellis. The Growcer has raised $3.19 million across 3 funding rounds from investors including Modern Niagara and THRIVE Agrifood. The Growcer has completed 1 acquisition, including Freight Farms. The Growcer offers products and services including Modular Vertical Farm, Rootcamp Training, Greenthumb Training, and Remote Monitoring Software. The Growcer operates in a competitive market with competitors including Freight Farms, Agrify, CubicFarms, Rise Gardens and Priva, among others.
- Headquarter Ottawa, Canada
- Founders Alida Burke, Corey Ellis
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Sectors
Agriculture
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$3.19 M (USD)
in 3 rounds
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Latest Funding Round
$3 M (USD), Series A
May 03, 2024
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Investors
Modern Niagara
& 1 more
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Employee Count
Not available
- Investments & Acquisitions
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Products & Services of The Growcer
The Growcer offers a comprehensive portfolio of products and services, including Modular Vertical Farm, Rootcamp Training, Greenthumb Training, and Remote Monitoring Software.
System for year-round indoor produce growth using hydroponics.
Intensive program teaching hydroponics basics for new farmers.
On-site and virtual sessions for farm operation and maintenance.
Platform for controlling and monitoring farms from any location.
Funding Insights of The Growcer
The Growcer has successfully raised a total of $3.19M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $3 million completed in May 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in The Growcer
The Growcer has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Modern Niagara and THRIVE Agrifood.
| Investor | Description | Founded Year | Domain | Location |
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Food and agtech startups are accelerated by THRIVE programs.
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Modern Niagara is engaged in mechanical, electrical, and HVAC services.
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Investor details for The Growcer
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Investments & Acquisitions by The Growcer
The Growcer has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Freight Farms.
Investment portfolio details for The Growcer
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Provider of hydroponic container farms, software, training, and related support
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Complete acquisition details for The Growcer
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Financial Statements - The Growcer
Detailed financials for The Growcer
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The Growcer Comparisons
Peer comparison for The Growcer
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Competitors of The Growcer
The Growcer operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Freight Farms, Agrify, CubicFarms, Rise Gardens and Priva, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Provider of hydroponic container farms, software, training, and related support
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Farm management solutions for hemp and cannabis production are provided.
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Provider of an automated hydroponic growing system for farmers
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Developer of indoor plant & flower growing systems
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Automation and climate control solutions are provided for indoor farming.
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AI-powered farm management solutions are provided for horticulture and operations.
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Detailed competitors of The Growcer
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Latest news on The Growcer
Complete news archive for The Growcer
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Frequently Asked Questions about The Growcer
The Growcer was founded in 2016 and raised its 1st funding round 3 years after it was founded.
The Growcer is headquartered in Ottawa, Canada. It is registered at Ottawa, Ontario, Canada.
Corey Ellis is the current CEO of The Growcer. They have also founded this company.
The Growcer is a funded company, having raised a total of $3.19M across 3 funding rounds to date.
Manufacturer and supplier of hydroponic growing systems. It offers modular plug-and-play hydroponic systems. Its flagship product, Arctic Growing System IV is a vertical hydroponic growing system built within retrofitted insulated shipping containers. It offers solutions for the home gardeners, entrepreneurs, community agriculture groups.
The Growcer's top competitors include Freight Farms, CubicFarms and Agrify.
The Growcer offers Modular Vertical Farm, Rootcamp Training, Greenthumb Training, and Remote Monitoring Software.
The Growcer has made 1 acquisition, including Freight Farms.
The Growcer has 2 investors. Key investors include Modern Niagara, and THRIVE Agrifood.